91, SANDY LANE, MELTON MOWBRAY, LE13 0AN - £340,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

91 SANDY LANE is a small detached house of 90m², built sometime between 1930 and 1949. It was last sold for £340,000 in October 2023, which was around 11% below the average October 2023 detached price in the Melton local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was B.

91 SANDY LANE Sold Prices

Land registry data shows three sales for 91 SANDY LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the three 91 SANDY LANE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 1 OCT	£340,000	£383,219	11% below HPI
2019 25 JAN	£240,000	£308,445	22% below HPI
2014 27 JUN	£183,000	£245,665	26% below HPI

91 SANDY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Melton local authority area over time, sourced from the HPI. The three 91 SANDY LANE sales between June 2014 and October 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the January 2019 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2023 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 91 SANDY LANE?

91 SANDY LANE is 90m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 30% of detached houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of detached houses by size in Melton Mowbray, and where 91 SANDY LANE lies on this distribution: 28% of detached houses are smaller than 91 SANDY LANE, and 71% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

91 SANDY LANE: Plot and Title Map

91 SANDY LANE sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 91 SANDY LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 91 SANDY LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 91 SANDY LANE?

91 SANDY LANE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 91 on SANDY LANE.